Former Ghana international Derek Boateng has spoken about a near-miss investment in the now-defunct Menzgold, revealing how he was spared from becoming one of its many victims.
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In an interview on Kingdom FM, Boateng disclosed that he chose not to invest in Menzgold despite the proximity of its CEO, Nana Appiah Mensah, popularly known as NAM1, who is his neighbor.
The 41-year-old footballer explained that the company’s profit margins seemed too good to be true, which led him to steer clear of the venture.
“I wasn’t a victim of Menzgold, but I heard that a lot of players had deposited their money there,” Boateng said, as reported by Ghanaweb. “They cannot come out now and say it. It is their business.”
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Boateng noted that while many of his fellow footballers invested their money in Menzgold, he felt a divine intervention spared him from a similar fate.
“I did not join Menzgold because the deal was too good to be true. It’s not like I’m more sensible than the others, but I think God was the one who saved me from it because it was too much. I like to suffer before getting my funds, so I don’t like freebies,” he explained.
The former footballer humorously added that if he had invested and become a victim, he would have been persistently knocking on NAM1’s gate.
Currently, Menzgold’s operations remain suspended, with many customers still protesting and seeking refunds for their investments. Nana Appiah Mensah, the CEO of Menzgold, faces charges of defrauding under false pretenses, with the case still ongoing in court.
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